$CGPT /USDT short trade signal 🚦🛑
BEARISH COOL-OFF AFTER SPIKE — SHORT-TERM SELL PRESSURE IN PLAY
$CGPT hit resistance at $0.1494 and has since retraced to $0.1370, showing consecutive red candles and fading momentum. MACD is crossing bearish, and the StochRSI is in a deep overbought reversal, suggesting the bulls are losing grip. The recent rally seems to be cooling off with lower highs forming — indicating a likely short-term correction.
Trade Setup:
Short Entry: $0.1375 – $0.1395
Take-Profit (TP): $0.1300
Stop-Loss (SL): $0.1435
Market Outlook:
Expect a short-term bearish phase as momentum weakens. If it loses the $0.1340 support, a deeper correction toward $0.1300 is likely. A strong bounce from $0.1300 would be the next point to reassess direction.
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